World Bank to assist Africa to embrace green buildings to combat climate change

The private sector arm of the World Bank Group on Tuesday said that it will assist African nations to embrace green buildings in order to combat climate change.

Dennis Odenyi Quansah, Consultant for Excellence in Design for Greater Efficiencies Africa Implementation, at the International Finance Corporation (IFC) told Xinhua in Nairobi that the aim of the organisation is to ensure that real estate developers in Africa go green so that they reduce energy and water consumption.

“The IFC will provide technical expertise for African governments to develop incentives that will encourage the private sector to construct green buildings,” Quansah said during the fifth annual East Africa Property Investment Summit.